Coinsilium Group is a London-based FinTech company focused on the implementation of blockchain technology products and services.
Coinsilium is a blockchain venture builder and investor that finances and manages the development of early-stage blockchain technology companies. Coinsilium’s focus is on driving innovation in fintech and blockchain technologies, enabling businesses to take advantage of growth opportunities. Coinsilium also provides advisory services to companies planning token generating events.
Over the past three years, Coinsilium has built a portfolio of interests in fast-growing blockchain companies from around the world, including Factom, RSK Labs, Blox and Indorse. Coinsilium was originally set up to offer shareholders exposure to opportunities in the fast-growing blockchain industry via a recognized stock exchange (NEX Exchange). In July 2017, the company announced an exit on one of its seed investments, SatoshiPay, after less than two years with a valuation uplift of 363%.
The new token economy offers innovative entrepreneurs the opportunity to create game-changing models and disrupt multi-billion-dollar industries such as social media, as is the case with Coinsilium’s Singapore-based investee Indorse: A blockchain-powered decentralised social network for professionals that puts users in charge of their own data. The Indorse platform uniquely enables its users to monetise their data and verify their profiles through a token-centric reward system. This functionality introduces a disruptive new paradigm into the multi-billion-dollar global social network industry, thus providing greater transparency and data security to an industry increasingly plagued by privacy breaches and data ownership issues. Muhammad Chbib, CEO: “With Tradeling, we are delivering on the vision of the leadership to accelerate non-oil trade through a future-oriented, tech-driven eMarketplace. We connect global suppliers with demand from the MENA region, offering a wide range of products. SMEs and procurement managers in the region will now have seamless access to the global marketplace, ensuring that they achieve the highest levels of operational, logistical and cost-efficiency. With Tradeling, we are creating a vibrant new digital ecosystem, focused on strengthening the UAE’s reputation as a global trade hub.”